Page 69 - Real Estate

Despite stalled projects, India ranks second in number of affordable homes

According to the survey, China tops the list with 74% of polled Chinese saying they can buy homes

The realty: Rs 25,000-crore fund can only help 6% of stalled constructions

New program announced by Finance Minister Nirmala Sitharaman on Wednesday is an improvement on a $1.4 billion real-estate corpus announced in September.

SBI funding to real estate projects an opportunity to 'Buy' post correction

Finance Minister Nirmala Sitharaman said the government will put in Rs 10,000 crore in this AIF while SBI & LIC would provide Rs 15,000 crore, taking the total size to Rs 25,000 crore

A Rs 25,000 cr push: Here's how govt plans to revive the real estate sector

While the government will act as a sponsor with its Rs 10,000-crore initial contribution to the category-II AIF, SBI and LIC will provide an additional Rs 15,000 crore for the fund

Fresh funds likely to help housing projects move out of 'stuck' status

The completed and sold projects will start the repayment cycle, reducing bad loans.

Boost for realty: Govt, SBI, LIC create Rs 25k-cr fund for stalled projects

Move comes a day after Finance Minister Nirmala Sitharaman announced the government was readying more reform measures to boost economy

Govt working with RBI, reworking laws to help distressed home buyers: FM

She said many sovereign funds are interested in the real estate sector of the country and want to work with the government.

Housing sales dip over 9% in Q2 as slowdown weighs on buyers' sentiment

This is the fourth such report that has shown fall in housing sales during the third quarter of the 2019 calendar year

Consumer complaints should go to RERA before NCLT, say builders

About 450 real estate companies/projects across the country are facing insolvency proceedings under IBC because of default in the delivery of projects to homebuyers as well as repayment of bank loans

Real estate-focused PEs going slow on investment in Mumbai, NCR markets

Motilal Oswal is raising Rs 1,200 crore for its fourth real estate fund

Private equity inflows in realty up by 19% to $3.8 billion in 2019

Commercial real estate sector continued to attract the maximum PE investments, totaling close to $3 billion funds in the first three quarters of 2019

Pay Rs 25 lakh compensation to all Maradu flat owners: SC tells Kerala govt

A bench of justices Arun Mishra and S Ravindra Bhat asked the builders of Maradu flat to deposit Rs 20 crore within one month with the court-appointed committee

Getting real about real estate

As of now, foreign investors appear to be the only viable source of long-term funds for the sector

Worst is yet to come in residential real estate: Xander founder Sid Yog

Sid Yog, founder of Xander speaks about the investor's strategy in new asset classes such as warehousing and how the group is navigating in NBFC space

Launches in realty plunge 45% in top nine metros in Q2: PropTiger report

Overall, all top metros, except for Gurugram, witnessed a fall in number of unit launches

Realty market sentiment in Q2 plummets to demonetisation level: Report

Further, the Future Sentiment Index dropped to an all-time low of 49 in Q3 2019 calendar year

Indian Overseas Bank to e-auction over 500 properties worth Rs 800 crore

The properties are spread across seven centres comprising Chennai, Coimbatore, Mumbai, Kolkata, Delhi, Bengaluru and Hyderabad

Maharashtra and Gujarat lead 40% year-on-year spike in RERA registrations

Altogether, five states account for a significant 81% share, with 36,576 out of 45,307 projects registrations as on October 5

'Triple whammy': India's property slump exposes banks to fresh crisis

Slump in property market is leaving builders struggling to repay loans to shadow lenders - housing finance firms outside the regular banking sector that account for over half of loans to developers

Citibank to pay $30 million fine to settle real-estate violations

Federal law limits the time a national bank may hold foreclosed and "other real estate owned" (OREO) assets.